Six Flags Top Job Consolidated as CEO Leaves

After 17 months on the job as Six Flags President and CEO and almost seven years in an executive leadership role at Six Flags, John Duffy decided to retire. Even though the second quarter revenues might come in a little lower than Wall Street expectations (primarily due to excessive rain at Six Flags parks on the east coast during the late spring), his departure is not a reflection of performance nor an issue of his health. Still, all that is known is that he left the company for personal reasons. Effective immediately, Jim Reid-Anderson will resume his former role of President and CEO. Back in February of 2016, Jim took a step back from the daily operations role but remained on at Six Flags as its Executive Chairman, essentially splitting his former job into two distinct executive positions. Luckily, in the case of Six Flags, they had somebody in place to take over the role as President and CEO, and daily operations will not be drastically effected. Future financial projects continue to remain in place and on track, and Six Flags remains primed for continued success in the amusement park industry. “Six Flags is the leading regional theme park company in an extremely attractive industry, and we have significant global growth opportunities in the short, medium and long term,” Reid-Anderson said in a statement. “I am very proud and excited to rejoin the operating team and look forward to executing our business strategy. We have had seven record years in a row and I believe that the best is yet to come.” Still, speculation arises as onlookers wonder why Duffy left the company. In any case, we certainly wish Duffy and the Six Flags executive continued success into the future!

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